George Eastman News
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As Eastman Kodak Co. investors bet the 131-year-old photographic pioneer was headed for bankruptcy, the company decided Chapter 11 was the simplest way to become the leaner digital printing specialist it aspires to be.
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Eastman Kodak Co., the photography pioneer that introduced the Brownie Camera more than a century ago, filed for bankruptcy after consumers embraced digital cameras, a technology Kodak invented and failed to commercialize.
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Eastman Kodak Co. is in advanced talks with Citigroup Inc. to provide bankruptcy financing as the unprofitable imaging company prepares for a potential filing, said three people familiar with the matter. The stock plunged.
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Eastman Kodak Co., the unprofitable 131-year-old imaging company, adjusted its management structure and created a chief operating office to reduce costs as its sales decline and cash reserves dwindle. The stock soared.
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Eastman Kodak Co. said two directors from KKR & Co. resigned from its board, two years after the private-equity firm helped the 131-year-old imaging company refinance debt.
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Samsung Electronics Co. made a proposal to Apple Inc. to resolve their patent dispute in Australia regarding touch-screen technology, a Sydney court was told Sept. 30.
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Eastman Kodak Co., the unprofitable 131-year-old camera maker, is weighing options including a bankruptcy filing because of concerns raised by possible buyers of its patent portfolio, said three people with direct knowledge of the process.
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Eastman Kodak Co. may hold patents worth five times more than the business itself, making the 131- year-old camera company a target in the billion-dollar hunt for inventions used in mobile phones.
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Apple Inc.’s victory over HTC Corp. in a patent dispute at the U.S. International Trade Commission may slow the advance of rival Google Inc.’s fast-growing Android operating system for mobile phones and tablets.
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Eastman Kodak Co., the camera company whose shares have plunged this year, implemented a shareholder- rights plan to protect against a possible takeover.
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